St. Louis City Treasurer’s Office holds bank fair to help people sign up for bank accounts
ST. LOUIS (KMOV.com) — On Thursday, the St. Louis City Treasurer Tishaura Jones held a bank fair at City Hall to help people get signed up for bank accounts and apply for loans and mortgages.
The bank fair is part of the Office of Financial Empowerment that Jones started.
“If you don’t have a bank account, you’re probably paying up to $1,200 per year to cash your paycheck,” Jones said. “Most banks and credit unions offer second-chance accounts if you have had issues with them in the past. They also have products specific for low- and moderate-income communities to purchase or refinance homes.”